Business Services Industry
Constellation hitches its rising star to value stocks.
Australasian Business Intelligence, October, 2003
Oct 07, 2003 (The Australian Financial Review - ABIX via COMTEX)
Australian value manager Constellation Capital Management has performed strongly, despite a resurgence in growth stocks. Constellation achieved returns of 17.2 per cent for the 12 months to September 2003. Despite the manager's consistently strong performance, it still has only $A220m under management. Investment manager Richard Morris attributes Constellation's success to its focus on risk-control. Constellation recently introduced the "Home Global Method", which gives investors exposure to domestic and global markets.
Publication Date: 8 October 2003
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